Trading Stocks
Trading stocks!?
I want to start trading stocks, options, commodities, futures – does anyone know of any good platform for that? Please help.
Start small and then build! Trying to trade everything in the laundry list of securities you laid out is a recipe for disaster. Start with stocks would be my advice, then move on into options as your experience and understand of the market grows. Then you can branch out further into commodities and/or futures if the situation warrants it. In order to actually trade, I would hook up with an online broker. Look for a mix of price as well as service to help make your decision. I like the discount brokers like Fidelity and Schwab, because they give you low costs (though not the lowest) with the best service, and a lot of great online tools to help you get started with investing. I’d check out both of their websites to see what you like.
I’d also ask one other question-why so gung ho about trading stocks? Do you already have a stable foundation of mutual funds built up? Stocks are sexy but also risky…make sure you build in a safety net.
Day Trading Stocks Rockstar intro on Basics
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